Trend Table for EC - Ecopetrol S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 7	C	Weak or Absent	Up	Flat	Flat	-20.87%
Feb 6	C	Weak or Absent	Up	Flat	Down	-20.34%
Feb 5	C	Weak or Absent	Up	Down	Down	-19.12%
Feb 2	C	Weak or Absent	Up	Down	Down	-19.60%
Feb 1	B	Weak or Absent	Up	Up	Up	-21.66%
Jan 31	C	Weak or Absent	Up	Up	Up	-21.20%
Jan 30	C	Weak or Absent	Up	Up	Up	-22.62%
Jan 29	C	Weak or Absent	Up	Up	Up	-22.49%
Jan 26	C	Weak or Absent	Up	Up	Up	-22.87%
Jan 25	C	Weak or Absent	Up	Up	Up	-20.94%